Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance Multiple Choice $61,516 favorable. Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is: $77,380 favorable. $60,383 favorable. $112,741 favorable. 5,300 47,700 pounds 4,300 $47,616 favorable. 48, 180 pounds 42,000 pounds $208,320 $ 24,090 unfavorable X Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance Multiple Choice $61,516 favorable. Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is: $77,380 favorable. $60,383 favorable. $112,741 favorable. 5,300 47,700 pounds 4,300 $47,616 favorable. 48, 180 pounds 42,000 pounds $208,320 $ 24,090 unfavorable X
Expert Answer:
Answer rating: 100% (QA)
Budgeted quantity of PPS needed 5300 units x 47700 pounds per unit 251010 pounds Act... View the full answer
Related Book For
Organic Chemistry
ISBN: 978-1118133576
11th edition
Authors: Graham Solomons, Craig Fryhle, Scott Snyder
Posted Date:
Students also viewed these accounting questions
-
Would optically active ketones such as the following undergo acid-or base-catalyzed racemization? Explain your answer.
-
Purchasing agents were given information about a cellular phone system and asked to assess its quality. The information given was identical except for two factors-price and country of origin. For...
-
Dangerfield Pty Ltd would like to determine the variable rate for electricity per machine hour in order to estimate the electricity costs for the months of May and June. Information for the four...
-
Generics, Inc. is a U. S. GAAP reporter that manufactures and sells generic drugs and has a December 31 year-end. On March 1, 2014, it began selling a drug, Anocyn, which is a generic of Dicital....
-
Imagine you work for an organization that has to make some changes (i.e., budget cuts) due to an economic downturn in its industry. The CEO calls a meeting with all department managers, directors and...
-
At a certain college it is estimated that at most 25% of the students ride bicycles to class. Does this seem to be a valid estimate if, in a random sample of 90 college students, 28 are found to ride...
-
0.1 Use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile. Table 4-Standard Normal Distribution Arca 0 z Z .09 .08 .07 .06 .05 .04 .03...
-
Journal entries and T-accounts. Prepare journal entries and post them to T-accounts for all transactions in Exercise 7-26, including requirement 2. Summarize how these journal entries differ from the...
-
LJS Co. faces increasing needs for capital Fortunately it has an AA credit rating. The corporate tax rate is 40 percent The firm's financial manager is trying to determine the firm's current (2018)...
-
GHI Corp. prepares it financial statements in accordance with U.S.GAAP. Its inventory valuation method is LIFO. Assume all purchases and sales are on credit and there are 365 days in one year....
-
1. (5 points) Suppose the following data were collected from a random sample of people who live at varying distances from a nearby national park. The data are organized into zones based on the...
-
A $1,000 face value bond matures in 11 years, pays interest semiannually, and has a 6.5 percent coupon. The bond currently sells for $1,025. What is the yield to maturity?
-
Write a Python function that produces y values for any given x (which does not need to be an integer) based on the above graph. If x is not between 0 and 25 your function should return 0.
-
Suppose a wheel with 33.3 revolutions has a diameter of 35 cm, how far will it roll in a straight line?
-
Lakeside Incorporated is considering replacing old production equipment with state - of - the - art technology that will allow production cost savings of $ 7 , 5 0 0 per month. The new equipment will...
-
You are a public accountant for several wealthy individuals who have major real estate holdings, including a couple who owns a mall in Brentwood, Tennessee. A major retailer has just moved out of the...
-
For the system of two blocks on a frictionless double incline where the blocks are linked by an inextensible massless string over a frictionless pulley (see figure), A. Draw the free body diagram for...
-
Based on the scenario described below, generate all possible association rules with values for confidence, support (for dependent), and lift. Submit your solutions in a Word document (name it...
-
1,3-Butadiene and the dienophile shown below were used by A. Eschenmoser in his synthesis of vitamin B12 with R. B. Woodward. Draw the structure of the enantiomeric Diels-Alder adducts that would...
-
Write structures for the cis and trans isomers of (a) 1,2-dichlorocyclopentane and (b) 1,3-dibromocyclobutane. (c) Are cis-trans isomers possible for 1,1-dibromocyclobutane?
-
Direct oxidation of an aldose affects the aldehyde group first, converting it to a carboxylic acid, and most oxidizing agents that will attack 1o alcohol groups will also attack 2o alcohol groups....
-
Eliza Perry obtained registration to practice as an aesthetic nurse, and spent the month of July 2024 setting up her business E. Perry, Naturals. Eliza prepared a new statement of financial position...
-
Financial balances for the car hire business of Terry's Wedding Cars on 31 March 2024 are provided below in a table in accounting equation form similar to the chapter illustrations. During April, the...
-
Trans Clothing Alterations began operations on 1 August 2024 and completed the following transactions during the first month. 1. Tran deposited \($18\) 000 of her personal funds in a current account...
Study smarter with the SolutionInn App